As more signs point to a more favorable opinion on the pending Union Pacific-Norfolk Southern merger in Washington, one activist investor is prodding competitor CSX to consolidate with a fellow ...
We’ve always considered a tie-up between one of the two main western railroads (BNSF or Union Pacific) with one of the two main eastern railroads (CSX or Norfolk Southern) to be strategically ...
CSX may be at a crossroads in the wake of the merger announcement of two of its Class I railroad rivals. “[CSX] has to make a decision of whether it wants to find a merger partner or whether it’s ...
CSX could be positioned to grow in the event that Union Pacific's takeover of Norfolk Southern gets approved, RBC Capital Markets said Thursday. The firm upgraded the rail transportation giant to ...
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed ...
Joe Hinrichs was replaced by Steve Angel, who may be more likely to consider a merger on the heels of the Union Pacific and Norfolk Southern deal. By Peter Eavis CSX, a large freight railroad, said on ...
CSX Corp. is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger. The ...
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